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Formula Land (Pershore) Ltd

12949752

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE OIL DEPOT 242 LONDON ROAD, RUGBY, CV23 9JA
Incorporated 14/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Patrick Joseph Hughes

director · Since 14/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 11 other boards

Persons with Significant Control

Sole Fish Ltd

75–100% shares
75–100% votes

First Floor, Ridgeland House, Horsham, RH12 1DY

Reg: 12955960 · England And Wales · Limited Company

Notified 14/10/2020

Former PSCs

Mr Robert Martin Leckie

Ceased 14/10/2020

Montague Investments Limited

Ceased 26/10/2023

Charges0 outstanding

Charge
satisfied

VIRIDOR WASTE LIMITED

Created 31/03/2022Registered 13/04/2022Satisfied 06/10/2023

CompanyRankvs 131438+ SIC 68100 peers
24

Financial strength41th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength10/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/07/2024

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£4k

Bottom line earnings

Net Current Assets

-£7k

Working capital

Current Assets

Current Liabilities

£7k

Debtors

£100

Admin Expenses

£4k

Profit After Tax

-£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£7k
Prepared with IRIS Accounts Production